Exercise 12-8 Name:
Enter the appropriate numbers/formulas in the shaded (gray) cells, or select from the drop-down list.
An asterisk (*) will appear in the column to the right of an incorrect answer.
A.
Cost of goods sold 1,175$ 1,346$ 1,303$ 1,337$
B.
Days in year 365 365 365 365
C.
Cost of goods sold 1,175$ 1,346$ 1,303$ 1,337$
Instructor
Year 1
Year 3
Cost of Goods Sold to Sales
Year 1
Year 2
Year 3
Year 4
Year 4
Inventory Turnover
Number of Days’ Sales in Average Inventory
Year 1
Year 2
Year 3
Year 4
Year 2
D.